Project Overview

Vera Residences by Damac Properties Dubai

Vera Residences by DAMAC Properties is a high-end residential project in Business Bay, Dubai’s trade and industry hub. The residences are expected to rise at the end of Dubai Creek and will be at the forefront of business centers, residential towers, landscaped gardens, and exciting destinations.

The homes in the 30-storey serviced apartment will be available in studio, 1 and 2-bedroom apartments. Vera Residences will also be connected to a network of waterways and major roads in the emirate like Sheikh Zayed Road and Al Khail Road. Nearby transportation networks that can be accessed in the area are metros, trams, buses, as well as land and water taxis.

Investors can enjoy an amazing investment opportunity with the potential to earn to 10 percent per year in rental yields. With an easy payment plan and lucrative returns, Vera Residences is one of the best property investments in Dubai.

Payment Plan

Installment

Milestone

Payment (%)

Deposit

Immediate

20% + 4% RERA registration fees

Next Instalment

For 30 months

1% per month

On the 32nd month

1 payment

5%

Last Instalment

On Completion

45%

Amenities

Studios and one and two-bedroom apartments

Elegant lobby with 24-hour reception and a concierge desk

Landscaped gardens

Temperature-controlled swimming pool

State-of-the-art gymnasium with separate changing rooms for men and women